APR Definition

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APR is Annual Percentage Rate, i.e. the true interest rate charged on a loan.

Learn new Accounting Terms

PERSONNEL is the department that maintains records of each individual's employment.

ACCOUNTING is primarily a system of measurement and reporting of economic events based upon the accounting equation for the purpose of decision making. Generally, when someone says "accounting" they are referring to the department, activity or individuals involved in the application of the accounting equation.

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